TESCO PLC financials
TESCO PLC
Country: GB Reporting currency: GBP Latest annual report: 2026-02-28
LEI:
2138002P5RNKC5W2JZ46 Financial statements
(GBP, as reported — unscaled; 130 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £73.71B | £69.92B |
| Cost of sales | £67.38B | £64.20B |
| Gross profit | £5.54B | £5.05B |
| Administrative expenses | £2.55B | £2.34B |
| Operating profit (EBIT) | £2.98B | £2.71B |
| Finance costs | £814.0M | £746.0M |
| Profit before tax | £2.40B | £2.21B |
| Income tax expense | £616.0M | £611.0M |
| Profit for the year | £1.79B | £1.63B |
| — attributable to owners | £1.79B | £1.63B |
| — attributable to NCI | £0 | £4.0M |
| Total comprehensive income | £2.19B | £1.86B |
| Per share | ||
| Basic EPS | £0.28 | £0.24 |
| Diluted EPS | £0.27 | £0.23 |
| Cash flow statement | ||
| Cash generated from operations | £5.17B | £4.06B |
| Net cash from operating activities | £3.91B | £2.92B |
| Net cash from investing activities | -£706.0M | -£441.0M |
| Purchase of intangibles | £322.0M | £292.0M |
| Net cash from financing activities | -£3.09B | -£2.94B |
| Dividends paid | £936.0M | £865.0M |
| Proceeds from borrowings | £919.0M | £462.0M |
| Repayments of borrowings | £803.0M | £764.0M |
| Net change in cash | £114.0M | -£462.0M |
| Balance sheet | ||
| Non-current assets | £30.99B | £30.03B |
| Property, plant & equipment | £17.73B | £17.26B |
| Right-of-use assets | £5.78B | £5.57B |
| Intangible assets & goodwill | £5.09B | £5.09B |
| Current assets | £8.48B | £8.86B |
| Inventories | £2.84B | £2.77B |
| Trade & other receivables | £1.32B | £1.21B |
| Cash & equivalents | £2.52B | £2.25B |
| Total equity | £11.46B | £11.66B |
| — attributable to owners | £11.46B | £11.67B |
| Non-controlling interests | -£6.0M | -£4.0M |
| Non-current liabilities | £13.69B | £13.41B |
| Long-term borrowings | £5.37B | £5.09B |
| Lease liabilities (non-current) | £7.22B | £7.10B |
| Current liabilities | £14.33B | £13.82B |
| Short-term borrowings | £1.82B | £1.86B |
| Lease liabilities (current) | £659.0M | £618.0M |
| Trade & other payables | £10.75B | £10.36B |
| Deferred tax liabilities | £635.0M | £503.0M |
| Derived metrics | ||
| Operating margin | 4.0% | 3.9% |
| Net margin | 2.4% | 2.3% |
| Return on equity | 15.6% | 14.0% |
| Cash conversion ratio | 2.19× | 1.79× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -£40.0M | -£141.0M |
| Adjustments For Depreciation and Amortisation Expense | £1.90B | £1.77B |
| Adjustments For Fair Value Gains Losses | £0 | £9.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £53.0M | £298.0M |
| Adjustments For Impairment Losses Reversal of Impairment Losses Recognised In Profit Or Loss Financial Assets | £0 | £10.0M |
| Adjustments For Provisions | -£36.0M | -£10.0M |
| Adjustments For Sharebased Payments | £55.0M | £37.0M |
| Amount Removed From Reserve of Cash Flow Hedges and Included In Initial Cost Or Other Carrying Amount of Nonfinancial Asset Liability Or Firm Commitment For Which Fair Value Hedge Accounting Is Applied | -£61.0M | £4.0M |
| Basic Earnings Loss Per Share From Continuing Operations | £0.28 | £0.23 |
| Cancellation of Treasury Shares | £0 | £0 |
| Cash Advances and Loans Made To Related Parties | £1.0M | £1.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £1.51B | £1.40B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £9.0M | £46.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | -£2.0M | £2.0M |
| Comprehensive Income Attributable To Owners of Parent | £2.19B | £1.86B |
| Comprehensive Income From Continuing Operations Attributable To Owners of Parent | £2.19B | £1.83B |
| Comprehensive Income From Discontinued Operations Attributable To Owners of Parent | £0 | £26.0M |
| Current Assets Liabilities | -£5.85B | -£4.96B |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £8.37B | £8.81B |
| Current Derivative Financial Assets | £15.0M | £172.0M |
| Current Derivative Financial Liabilities | £48.0M | £12.0M |
| Current Tax Assets | £32.0M | £27.0M |
| Current Tax Liabilities | £7.0M | £13.0M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | -£48.0M | -£36.0M |
| Deferred Tax Assets | £49.0M | £47.0M |
| Diluted Earnings Loss Per Share From Continuing Operations | £0.27 | £0.23 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £937.0M | £864.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £619.0M | £637.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £0.10 | £0.09 |
| Dividends Received From Investments Accounted For Using Equity Method Classified As Investing Activities | £2.0M | £2.0M |
| Dividends Recognised As Distributions To Owners Per Share | £0.14 | £0.13 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£2.0M | -£13.0M |
| Finance Income | £233.0M | £254.0M |
| Finance Income Expenses From Reinsurance Contracts Held Excluded From Profit Or Loss Before Tax | £1.0M | £1.0M |
| Gains Losses On Cash Flow Hedges Before Tax | -£7.0M | £33.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | £20.0M | £14.0M |
| Income Expenses From Reinsurance Contracts Held Other Than Finance Income Expenses | -£47.0M | -£62.0M |
| Income Tax Relating To Components of Other Comprehensive Income | £49.0M | £89.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | £3.0M | -£6.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £46.0M | £95.0M |
| Income Taxes Paid Refund Classified As Operating Activities | £503.0M | £366.0M |
| Increase Decrease In Working Capital | -£202.0M | £853.0M |
| Increase Decrease Through Sharebased Payment Transactions | £158.0M | £190.0M |
| Increase Decrease Through Transactions With Owners | -£2.45B | -£1.86B |
| Insurance Contracts Issued That Are Liabilities | £772.0M | £652.0M |
| Insurance Finance Income Expenses From Insurance Contracts Issued Excluded From Profit Or Loss That Will Be Reclassified To Profit Or Loss Before Tax | -£4.0M | £0 |
| Insurance Revenue | £826.0M | £725.0M |
| Insurance Service Expenses From Insurance Contracts Issued | £752.0M | £598.0M |
| Interest Paid Classified As Operating Activities | £759.0M | £772.0M |
| Interest Received Classified As Investing Activities | £235.0M | £255.0M |
| Investment Accounted For Using Equity Method | £121.0M | £110.0M |
| Investment Property | £20.0M | £24.0M |
| Issued Capital | £404.0M | £426.0M |
| Net Assets Liabilities | £11.46B | £11.66B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | £114.0M | £50.0M |
| Noncurrent Derivative Financial Assets | £613.0M | £663.0M |
| Noncurrent Derivative Financial Liabilities | £123.0M | £205.0M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | £983.0M | £934.0M |
| Noncurrent Payables | £42.0M | £40.0M |
| Noncurrent Receivables | £161.0M | £158.0M |
| Noncurrent Recognised Assets Defined Benefit Plan | £324.0M | £56.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £127.0M | £307.0M |
| Other Comprehensive Income | £398.0M | £230.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | £166.0M | -£89.0M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | £0 | £4.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £437.0M | £387.0M |
| Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations | -£73.0M | £33.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £84.0M | -£73.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £314.0M | £303.0M |
| Other Longterm Provisions | £164.0M | £166.0M |
| Other Reserves | £3.17B | £3.14B |
| Other Shortterm Provisions | £273.0M | £300.0M |
| Proceeds From Sales of Investments Accounted For Using Equity Method | £1.0M | £0 |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | £163.0M | £994.0M |
| Profit Loss From Continuing Operations | £1.79B | £1.60B |
| Profit Loss From Discontinued Operations | £0 | £26.0M |
| Purchase of Interests In Investments Accounted For Using Equity Method | £12.0M | £15.0M |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | £261.0M | £290.0M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | £16.0M | £71.0M |
| Reinsurance Contracts Held That Are Assets | £123.0M | £124.0M |
| Retained Earnings | £2.73B | £2.94B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -£1.0M | -£4.0M |
| Share Premium | £5.17B | £5.17B |
| Shortterm Deposits Not Classified As Cash Equivalents | £1.43B | £2.22B |
Methodology
Every line item above is a fact tagged in TESCO PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.